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Trading On The Mark
The Day Ahead: AM Edition 2022-01-26

The Day Ahead: AM Edition 2022-01-26

We see if Powell can thread the needle again (it is getting more difficult)

Jan 26, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2022-01-26
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Bonds

ZB has been bouncing along just above 154^30. Is that the (B) wave low? Not clear at this point. Under 154^30 leads to a test of 154^03. Over 156^00 should enable a push to test 156^29 at a minimum.

Working on (B) of [II]?

Crude Oil

CL came through with a new high today which meets the minimum requirements for a wave v but probably too aggressive to f…

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